Altice USA, Inc. Forecasted to Post Q1 2025 Earnings of ($0.04) Per Share (NYSE:ATUS)

Altice USA, Inc. (NYSE:ATUS) – Research analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Altice USA in a note issued to investors on Wednesday, September 25th. Zacks Research analyst R. Department now expects that the company will earn ($0.04) per share for the quarter, down from their previous forecast of ($0.03). The consensus estimate for Altice USA’s current full-year earnings is $0.10 per share. Zacks Research also issued estimates for Altice USA’s Q2 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.03) EPS.

Altice USA (NYSE:ATUS) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.05). Altice USA had a negative net margin of 0.62% and a negative return on equity of 1.54%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period last year, the firm earned $0.17 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year.

A number of other research analysts have also recently issued reports on ATUS. Evercore ISI decreased their price objective on shares of Altice USA from $3.00 to $2.00 and set an “in-line” rating for the company in a report on Tuesday, July 2nd. The Goldman Sachs Group initiated coverage on shares of Altice USA in a research note on Monday, July 1st. They issued a “sell” rating and a $2.00 price target on the stock. Finally, UBS Group cut shares of Altice USA from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $4.00 to $2.00 in a research note on Friday, August 2nd. Six equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Altice USA currently has a consensus rating of “Hold” and an average price target of $1.97.

Altice USA Stock Performance

Altice USA stock opened at $2.50 on Monday. Altice USA has a 52 week low of $1.52 and a 52 week high of $3.66. The firm has a market cap of $1.15 billion, a P/E ratio of 250.00, a P/E/G ratio of 2.71 and a beta of 1.51. The business’s fifty day moving average is $1.92 and its two-hundred day moving average is $2.12.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC bought a new position in Altice USA in the 2nd quarter valued at $25,000. Headlands Technologies LLC bought a new stake in shares of Altice USA during the 1st quarter worth $46,000. Quadrature Capital Ltd purchased a new stake in Altice USA during the fourth quarter valued at about $47,000. Alpine Global Management LLC purchased a new position in shares of Altice USA in the 1st quarter worth about $65,000. Finally, Swedbank AB bought a new position in shares of Altice USA during the 1st quarter valued at about $66,000. Institutional investors own 54.85% of the company’s stock.

Altice USA Company Profile

Altice USA, Inc, together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications.